Logistics
Offshore Floating Tank Terminal
The Floating Tank Terminal (FTT) represents the first operational phase of the Ras Markaz Strategic Tank Terminal Platform.
The facility is designed to provide large-scale offshore floating storage solutions utilizing Very Large Crude Carrier (VLCC) and floating storage infrastructure to support crude oil and petroleum product storage operations.
The floating terminal is strategically positioned to serve
- International Crude Oil Traders
- National Oil Companies
- Commodity Houses
- Refineries
- Strategic Petroleum Reserve Clients
The FTT model offers significant commercial flexibility through
- Rapid Deployment Capability
- Lower Initial Capital Expenditure
- Scalable Storage Expansion
- Reduced Construction Lead Times Compared To Conventional Onshore Terminals
The floating terminal is expected to support multiple grades of crude oil and petroleum products while enabling efficient ship-to-ship (STS) transfer operations and regional distribution activities.
Key Strategic Advantages
- Location outside the Strait of Hormuz
- Fast-track operational deployment
- Deep-water accessibility for VLCC operations
- Reduced geopolitical transit risk
- Flexible commercial storage arrangements standards
- Scalable phased expansion model
The FTT phase forms the operational foundation for the broader integrated energy infrastructure platform.
Project Information
Client:
The Sixmothers Group
Location:
Oman’s Arabian Sea coast
Date:
May 15, 2026
Why Oman. Why Ras Markaz.
The Ras Markaz Strategic Tank Terminal Platform benefits from Oman’s unique geopolitical and maritime positioning, providing international energy markets with secure, efficient, and commercially attractive infrastructure access.
Key advantages include:
- Strategic location outside the Strait of Hormuz
- Direct access to international shipping routes
- Strong regional and international trade connectivity
- Alignment with Oman Vision 2040
- Competitive operating environment
- Long-term infrastructure growth potential
The project is positioned to support the evolving requirements of global energy security, petroleum logistics, and international maritime trade.
